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Crypto price action is known for periods of sideways movement, abrupt rallies, and quick pullbacks. Alex Krüger highlights this pattern, noting how it can be challenging for traders who prioritize logical reasoning over technical analysis and chart observation.
Krüger describes the cycle as 'nothing, nothing, chop, pump, dump and more chop,' followed by a rapid, large upward candle, emphasizing the draining effect on those who favor logic over visual price patterns.